site.news_by_theme European Central Bank

Greece repays 3.4 bn euros to European Central Bank: source
Greece repays 3.4 bn euros to European Central Bank: source

Greece has repaid 3.4 billion euros ($3.79 billion) due to the European Central Bank, a source close to the Greek government said after the launch of a massive new reforms-for-bailout deal.

Greece repays 3.4 bn euros to European Central Bank: source
Ball in Greece's court in debt talks: ECB's Draghi
Ball in Greece's court in debt talks: ECB's Draghi

European Central Bank chief Mario Draghi urged all sides in the negotiations on Greece "to go the extra mile", but insisted the ball was in Athens' court.

Ball in Greece's court in debt talks: ECB's Draghi
Draghi 'supports' France's call to boost European demand
Draghi 'supports' France's call to boost European demand

French President and the head of the European Central Bank (ECB) have agreed that European demand must be lifted to head off a risk of deflation.

Draghi 'supports' France's call to boost European demand
©Reuters/Bogdan Cristel
Bank of Cyprus completes $1 bn private share placement

Bank of Cyprus, the island's largest lender, has completed a one billion euro ($1.34 billion) capital increase in a private placement to help it restructure following a haircut on deposits last year.

Bank of Cyprus completes $1 bn private share placement
IMF chief says low inflation can hit European growth
IMF chief says low inflation can hit European growth

IMF chief Christine Lagarde warned that low inflation could damage growth in Europe and urged the European Central Bank to maintain a flexible policy.

IMF chief says low inflation can hit European growth
Portugal to end EU-IMF bailout with clean break
Portugal to end EU-IMF bailout with clean break

Portugal decided to make a clean break from its EU-IMF bailout on Sunday, following in the footsteps of Ireland by forgoing a credit line as it prepares a full return to the credit markets.

Portugal to end EU-IMF bailout with clean break
Spain's Prime Minister Mariano Rajoy. ©Reuters/Sergio Perez
Spain shows fastest growth in six years: central bank

Spain's economy appears to be growing at the fastest clip since a 2008 property crash tipped the nation into a job-wrecking, double-dip recession, the central bank said.

Spain shows fastest growth in six years: central bank
German inflation hits three-year low in March
German inflation hits three-year low in March

The rate of inflation in Germany, Europe's biggest economy, fell to its lowest level in more than three years in March, official final data showed on Friday.

German inflation hits three-year low in March
Forensic experts search for evidence amid the debris on a street where a car bomb went off in Athens. ©Reuters/Alkis Konstantinidis
Blast in Athens as Greece set to return to bond markets

A booby-trapped car exploded outside the Bank of Greece in central Athens early Thursday without injuring anyone, hours before Greece was due to return to the debt markets after a four-year absence.

Blast in Athens as Greece set to return to bond markets
Portugal's Deputy Prime Minister Paulo Portas. ©Reuters/Rafael Marchante
Warning bells as Portugal urged to exit bailout without buffer

With Portugal's 78-billion-euro IMF-EU aid programme about to come to an end, its creditors are not only expecting the country to exit its massive bailout on May 17, but urging it to do so without a safety net.

Warning bells as Portugal urged to exit bailout without buffer
IMF's Lagarde: uncertainty over health of European banks
IMF's Lagarde: uncertainty over health of European banks

International Monetary Fund Managing Director Christine Lagarde said Thursday that questions marks remain over the health of Europe's banks and that coming stress tests are a chance to build confidence in them.

IMF's Lagarde: uncertainty over health of European banks
Greece's Finance Minister Yannis Stournaras. ©Reuters/Francois Lenoir
Greece eyes return to bond markets in 2nd half of 2014

Bailed-out Greece is hoping to return to bond markets in the second half of 2014 -- but only if growth and a primary budget surplus permits, its finance minister said Sunday.

Greece eyes return to bond markets in 2nd half of 2014
©Reuters/Francois Lenoir
Fireworks but no joy as Latvia joins eurozone

Fireworks will light up the skies above Riga when Latvia adopts the euro on January 1, but on the ground the feeling will be far from festive among those fearing the impact of the switch.

Fireworks but no joy as Latvia joins eurozone
EU banking union too complicated, too slow: analysts
EU banking union too complicated, too slow: analysts

An EU system to prevent a repeat of the massive bank bailouts which crippled the economy is a major step but it is also too complicated when speed is absolutely essential, analysts said.

EU banking union too complicated, too slow: analysts
Europe's 'crisis after the crisis' poses uncertainty in 2014
Europe's 'crisis after the crisis' poses uncertainty in 2014

Is Europe on the verge of a popular uprising? The question was asked by one of Greece's most respected newspapers as another year of painful austerity drew to a close.

Europe's 'crisis after the crisis' poses uncertainty in 2014
©Reuters/Kai Pfaffenbach
Euro "too strong", says European Commission's Tajani

European Commission Vice President Antonio Tajani said Wednesday the euro was overvalued and urged the zone's central bank to help exporters by weakening the single currency.

Euro "too strong", says European Commission's Tajani
ECB to double number of women in top positions: report
ECB to double number of women in top positions: report

The European Central Bank, under fire for being largely a men's club, plans to double the number of women in its top ranks.

ECB to double number of women in top positions: report
ECB's not set to fire 'bazooka' yet
ECB's not set to fire 'bazooka' yet

The European Central Bank is unlikely to fire the new anti-crisis "bazooka" it unveiled two months ago, and will keep its gunpowder dry on interest rates as well at its meeting on Thursday.

ECB's not set to fire 'bazooka' yet
ECB brings out its 'bazooka' to save euro
ECB brings out its 'bazooka' to save euro

The European Central Bank announced a massive sovereign bond buy up Thursday, brushing aside German opposition to unleash a so-called "big bazooka" against the debt crisis.

ECB brings out its 'bazooka' to save euro
©REUTERS/Alex Domanski
Moody's downgrades EU rating outlook to 'negative'

Moody's on Monday lowered the European Union's long-term issuer rating outlook from stable to negative, saying the move reflected credit risks of the bloc's key budget contributors.

Moody's downgrades EU rating outlook to 'negative'